Laredo Petroleum Sells Howard County Properties to NOG for $110 Million
Transaction Type
Sellers
Buyers
Basin
Permian Basin; Midland Basin
Announce Date
Post Date
Close Date
Estimated Price
$110.0MM
Description
Bought certain nonoperated properties within the Midland Basin of the Permian located in in Howard County, TX; includes 1,650 net acres and expected full-year 2023 average net production of 1,800 boe/d (roughly 72% oil) substantially operated by SM Energy.